One well-known corporate raider of restaurant companies visits several of the company's establishments, thoroughly reviews their menus, visually surveys the customers at the establishment, orders food and times how long it takes to arrive, then buys up controlling shares of stock in the company. Once he has a controlling interest in the company, he reduces the menu offerings, eliminating dishes that require long preparation time due to complicated recipes or multiple ingredients, eliminates menu items that require a long time to plate due to side dishes, and streamlines the operations. When the company's stock raises due to increased profitability, he sells his stock at a profit. When the corporate raider eliminates menu items, what is his goal?
A. Increasing product demand
B. Improving the product design
C. Increasing production capacity
D. Streamlining the product line
Answer: C
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A farm tractor costing $80,000 is depreciated using the MACRS method. The tractor qualifies as a 3-year property, has a scrap value of $20,000, and is depreciated at the following rates: Year 1, 33.33%; Year 2, 44.45%; Year 3, 14.81%; and Year 4, 7.41%. The amount of depreciation to be entered for the second year would be
a. $20,000. b. $26,670. c. $35,560. d. $44,450.
Which of the following is true regarding short paragraphs?
A) Paragraphs should be between 100 and 300 words. B) Short paragraphs are easier to read than long ones. C) Short paragraphs look unprofessional and choppy. D) Short paragraphs do not need transitions E) Short paragraphs provide a smooth flow of information.
Many firms disaggregate the initial amounts they received from shareholders for common shares into the par or nominal or stated value of the shares and the amounts received in excess of this value, called:
a. additional paid-in capital (APIC). b. share premium. c. capital contributed in excess of par value. d. Choices a, b, and c are correct. e. None of these answer choices is correct.
Assignable variations in a process are also called natural variations
Indicate whether the statement is true or false